1335 E. 3rd Street,Long Beach, CA 90802
Year Built
Price
Price Per Unit
Price per SF
Current Cap Rate
Market Cap Rate
Current GRM
Market GRM
1335 E. 3rd Street,Long Beach, CA 90802
Price
Price per SF
Price Per Unit
Price per SF
Current Cap Rate
Market Cap Rate
Year Built
Current GRM
Market GRM
1335 3rd Street is an 8-unit investment asset in prime Alamitos Beach. The property consists of spacious units with a mix of two 1 BD/ 1 BAs and six studios.
Five units have been renovated with new flooring, cabinetry, countertops, stainless steel appliances hardware, window coverings, ceiling fans and LED light fixtures. Building plumbing and electrical systems have been upgraded.
Exterior and common area renovations include a remodeled laundry room with new machines and new flooring in hallways and staircases. New landscaping includes installation of concrete hardscape and modern fencing, drought tolerant plants with drip irrigation and lighting.
On-site laundry facilities and parking (spaces and driveway) generate additional income.